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Section 25 - Banking Act 1959 - Application of Division | Zoe

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Banking Act 1959

25Application of Division

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25 Application of Division

This Division does not apply in relation to: (a) a foreign ADI; or (b) a bond, note or other debenture, liabilities in relation to which are secured wholly by assets that are not in Australia.

Previous section24Guide to this Division

Next section26Covered bonds